Topic: Guys, just hold.. We can agree on a few things. - page 2. (Read 21153 times)
Generally I would say splitting tokens into "security" and "utility" is too simplistic. We need these two to describe crypto shares and true utilities like DApps, and then another way to describe cryptocurrencies and infrastructures.
It seems to me that the wait is quite a bit. and we are about to jump. so don't worry guys 
We really need to keep holding as this is the only way to assist the market to recover. If we keep on selling there is no way we can recover. I don't think that the market will recover based on the current sentiment.
When you have a lack of the time or experience, it is better to hold the coins, and not to trade. When you are holding, you do not lose anything at all.
I believe that true Holders will get a good profit in the coming years, because we are watching a very young financial market that is only developing
I wrote something similar to my other post, but here's my 2 cents.
I'm going to veer a little off topic, but Bitcoin was meant to be p2p correct? It is becoming a stock, and if you're not educated in securities laws, this could be a disaster. If or when SEC wants to file for BTC a registed statement, BTC has to become a reporting company. They have to file audits every quarter, yearly, random in a lot of financial cases. 12-G reporting companies have thier 10ks, and freeze trading anytime they want. Bitcoin itself is fundamentally flawed, but I still believe the issuses can be fixed. We're still at our infancy stage of blockchain, which has nothing to do with the price of crypto. It's becoming a illegal stock. regardless, my faith is blockchain!
I'm going to veer a little off topic, but Bitcoin was meant to be p2p correct? It is becoming a stock, and if you're not educated in securities laws, this could be a disaster. If or when SEC wants to file for BTC a registed statement, BTC has to become a reporting company. They have to file audits every quarter, yearly, random in a lot of financial cases. 12-G reporting companies have thier 10ks, and freeze trading anytime they want. Bitcoin itself is fundamentally flawed, but I still believe the issuses can be fixed. We're still at our infancy stage of blockchain, which has nothing to do with the price of crypto. It's becoming a illegal stock. regardless, my faith is blockchain!
This is the reason why you should invest a little out of your total funds on cryptocurrency. As the market is now, one needs to hold for the long term. Cryptocurrency requires patience to succeed in it and its not a get rich quick scheme
It seems to me something very strange when some of the guys are still sure that they can become rich very fast if they invest in the cryptocurrency. Be patient and work more to get the profits.
This is the reason why you should invest a little out of your total funds on cryptocurrency. As the market is now, one needs to hold for the long term. Cryptocurrency requires patience to succeed in it and its not a get rich quick scheme
Hold some, use some, invest some, don't be stubborn in just one thing, always explore your options, maybe at first it looks that everything is hard, but that's like that only in beginning. We evolve as time passing, we learn about new things, who learn faster have more chances to make progress.
I can't agree with statement just hold, it's good to have something to hold, not just bitcoins, gold, bonds, stocks too, but will you just hold depends how much you invested and your long term plan. If you wish to have at least some fun in all that time you should use bitcoins for many things, at least how we have much more options then ever before.
I can't agree with statement just hold, it's good to have something to hold, not just bitcoins, gold, bonds, stocks too, but will you just hold depends how much you invested and your long term plan. If you wish to have at least some fun in all that time you should use bitcoins for many things, at least how we have much more options then ever before.
yes you are right don't panic and don't be too influenced by bad news, this bitcoin is a very sophisticated technology and the demand is also very high so it's better to grow the bitcoin that you have so you can have a lot of bitcoin.
Sometimes just holding isn't the best option. It is better to let go your investment buy selling off the coins as it will open/create more opportunity to invest on other potential coins than the one you are holding. Also if the dip seems to be serious, you can always exit out and renter once the price falls to its minimum. This as a result will help you rake some profits as the price starts to go back up without you going through loss recovery phase.
Yeah the point is dont to use all your capital to hold because you have the opportunity to grow your money faster by buying and selling other potential coins, don't hold back if prices tend to decline, because you will stack on the coin if you don't take any action
I checked the past history of bitcoin price on coin marketcap, I saw one of they cycle where price moved from 2$ per btc to 32$ and then crashed back before we had a spike that saw it at 300 or so.So this current market should not be scary
i think everyone should'd be scary too. But people who already bought in peak in past, always panic and ask if bitcoin dead or not, i can feel what they feel because price in peak and now have different really far.
I checked the past history of bitcoin price on coin marketcap, I saw one of they cycle where price moved from 2$ per btc to 32$ and then crashed back before we had a spike that saw it at 300 or so.So this current market should not be scary
yes you are right I really agree with you that you should indeed be able to do that by holding back the assets that you have when the price conditions fall and don't let you sell coins at very cheap prices even cheaper than you buy.
I respect the point of view of OP, but I think that as the market reaches a higher degree of maturity, it will be increasingly difficult to expect that the exponential growth observed in this market can be repeated once again.
Therefore I believe that the best moments of the holding have passed, and now we are going through the new era of the trading dominance, where only those who are able to acquire the skills and knowledge required to carry out this activity, will be those who will enjoy a great wealth in the future of this market.
Therefore I believe that the best moments of the holding have passed, and now we are going through the new era of the trading dominance, where only those who are able to acquire the skills and knowledge required to carry out this activity, will be those who will enjoy a great wealth in the future of this market.
Now all my digital asset in big loss and my portfolio loss more than 70% but i will never sell it in loss because i believe the price possible to go to 10 or 20 times more in the 1 or 2 years. I believe sell crypto now the samething like we sell stock of FACEBOOK or Apple in 2014. Crypto has great future and this digital asset will change your life later.
If the coins you are holding are currently dropping then just keep on holding and wait for the price to pump up again, that is the only way for you to get back your money investments.
Now all my digital asset in big loss and my portfolio loss more than 70% but i will never sell it in loss because i believe the price possible to go to 10 or 20 times more in the 1 or 2 years. I believe sell crypto now the samething like we sell stock of FACEBOOK or Apple in 2014. Crypto has great future and this digital asset will change your life later.
None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked. 
If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.
"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."
"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.
"If past history was all there, the richest people would be librarians."
You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps
If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.
"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."
"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.
"If past history was all there, the richest people would be librarians."
You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps
That is a nice thread you opened here. Thanks for sharing your thoughts.
Personally I think:
To accept that I love myself most helps me to find the balance in life.
And so in my investments. Since I know that Im an egoistic person I can go from there. Many mistakes I did in the past came from the thought: I do this investment for my family, I do this investment for my girlfriend...
at last its all in MY head.
So plant that seed of wisdom, knowledge, morality, compassion towards yourself.
so after a while a tree with a big trunk will grow and many people will benefit from the sweet fruits it will give.
You're right, and holding a coin is still the effective strategy for gaining profits in long term. Holding coins is very effective during market downtrend when their prices goes down and all you have to do is be patience wait for their price to go up again. Their price could go down further but if these coins you are holding are known to be potential then you don't have to worry because they will recover soon.
holding coin can be a great ultimate strategy, but holding is possible only for people who do not have a lot of time in the market, if you have much time maybe you should try daily trading because the profits will be much bigger, you can get a daily profit from that..
Yes, But i find more profit through long-term holding instead of selling them for low prices, so day trading is very risky which we cannot able to guess what is the price going to be tomorrow. So always hold it for the long term if you don't have trading experience.
Agreed there's no point panicking in this major correction that is currently happening because last year bitcoin has been in a bullish run and surely everyone gain from it. Now that crypto market is experiencing a little bit of a storm of short comings everyone else panics and quickly loses faith in it. Thinking it will not recover again but that is their mistake.
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